Finally Comes Greenwich Park Apartments

After many delays the first phase of Greenwich Park Apartments is now under construction. Photo by Jack Fennimore.

After years of delay, the Greenwich Park Apartments are finally in development. Construction workers are laying the groundwork for the first building at its site at 2353 N. Farwell Ave., which was formerly a surface parking lot owned by the city.

The Chicago-based non-profit, Mercy Housing Lakefront, and its regional director of real state development, David Lyon, have been trying to get the project off the ground for a long time; the statement of intent in the original plans said it would begin construction as early as October 2011! But after several design changes and planning changes to alleviate the higher-than-expected costs, the project had to be postponed. But after the Wisconsin Housing and Economic Development Authority awarded the project affordable housing tax credits in 2014 – as we reported – and after the city issued a $9.6 million building permit to the site in September — as Biztimes reported — construction began in October.

The complex will be built in two phases. According to BizTimes, the first phase will be a six-story building with 53 apartment units and 44 residential parking spaces. The second phase will also be a six-story building, but will have up to 40 units and 33 residential parking spots. Mercy Housing chose the location to give employees of Columbia St. Mary’s an affordable, walk-to-work housing option. Alderman Nik Kovac told Biztimes the apartments will be “a mix of market rate and subsidized housing.”

Wow! A new apartment building replaces an historic surface parking lot in one of Milwaukee’s dense business district / neighborhoods? I used that lot for many years as a pedestrian short cut.

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